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- Autoflight
Autoflight Funding, Investors & Competitors
Autoflight has raised $200M across 2 funding rounds, most recently a $100M Series A in November 2021.
Last Autoflight funding round
$100M
Series A · Nov 2021
Cumulative funding Autoflight raised
$200M
across 2 funding rounds
Key investors in Autoflight
Team Global
International Aviation Capital
About Autoflight
AutoFlight manufactures electric vertical takeoff and landing aircraft from its base in Shenzhen, China. Established in 2017, the company produces autonomous eVTOLs for cargo logistics and urban passenger transport. Technologies including artificial intelligence, advanced composites, and 5G networks power models like Prosperity for heavy-lift deliveries. AutoFlight conducts prototype testing and certification efforts in Europe alongside Asian facilities to deploy air mobility networks.
Founded
2017
HQ
Website
Status
Privately held
Customer focus
B2B
Revenue model
Product sales
Autoflight Funding History
Autoflight has raised a total of $200M across 2 funding rounds.
Autoflight's first fundraising round was a $100M Series A in September 2021. The most recent completed round was a $100M Series A in November 2021.
Autoflight funding rounds
| Date | Stage | Investors | Raised | Deal Summary |
|---|---|---|---|---|
| Nov 2021 | Series A | Team Global (lead) | $100M | AutoFlight is a Shanghai- and Berlin-based startup developing and manufacturing autonomous electric vertical take-off and landing (eVTOL) aircraft, focusing on cargo models like the V400 Albatros and passenger prototypes such as the V1500M, which completed its maiden flight in late 2021. The company employs around 300 people and aims to double its headcount within 12 months post-investment. It has begun serial production and delivery of unmanned cargo eVTOL drones while advancing certification for passenger variants under European EASA standards, with plans for mass production and certification by 2024. On November 22, 2021, AutoFlight closed a $100 million USD Series A funding round led by Team Global, a Berlin-based European technology holding company founded by Lukasz Gadowski, who was appointed to AutoFlight's board. Team Global, which has stakes in about a dozen aviation startups worldwide including Volocopter, Archer, and Zapata, views AutoFlight as a key investment in Asia's eVTOL space. The funds are earmarked for international expansion, scaling cargo eVTOL production, R&D enhancement, global operations, and developing a manned passenger variant. AutoFlight positions itself in the sustainable urban air mobility market, competing with players like Volocopter and Archer, backed by the same investor. The investment supports certification efforts and market entry amid growing interest in eVTOL for cargo and passenger transport. |
| Sep 2021 | Series A | International Aviation Capital (lead) | $100M | AutoFlight is a Shanghai-based eVTOL developer founded in 2017, specializing in autonomous electric vertical take-off and landing aircraft for air logistics and passenger mobility, including models like the V1500M (up to 4 passengers, 250 km range) and V2000CG. The company announced a $100 million Series A funding round on September 18, 2021, led by European investor Lukasz Gadowski and his Berlin-based holding company Team Global, marking the largest single investment in a Chinese eVTOL firm at the time. Funds were allocated for international expansion, scaling cargo eVTOL production, and advancing R&D, with Gadowski joining the board. Around the funding period, AutoFlight achieved key milestones: over 10,000 take-offs and landings across prototypes, testing in extreme conditions, and the V1500M's maiden flight in October 2021, with plans for certification and mass production by 2024. The lift-and-cruise design emphasizes range, safety, and simplicity, targeting urban air mobility and cargo solutions. Team Global, with investments in aviation startups like Volocopter, Archer, and drones, positioned AutoFlight as a leader in autonomous air mobility. Subsequent developments include a 2024 strategic investment from CATL (hundreds of millions of dollars) to bolster eVTOL efforts, TDK Ventures backing for sensor and power tech integration, and flight tests like the V2000CG at Shanghai Pudong Airport in May 2024. |
Who has invested in Autoflight?
2 investors have backed Autoflight across its funding rounds, including Team Global and International Aviation Capital.
Lead investors include Team Global and International Aviation Capital.
Autoflight Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
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Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
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Start Free TrialAutoflight Competitors
Autoflight competitors include listed companies like UBtech Robotics and Cidi, and private ones like Didi Woya, Momenta, Waabi and Cowarobot.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Publicly listed | $298M | ($108M) | $5.1B | 9.5x | ||
| Private | - | - | $5B | - | ||
| Private | $76M | - | $5B | - | ||
| Private | - | - | $3.8B | - | ||
| Private | $140M | - | $3B | 21.4x | ||
| Publicly listed | $132M | ($155M) | $1.3B | 5.0x |
Autoflight Public Comps
Autoflight is still privately-owned, but its public comps include Tesla, Stryker, General Motors, Unitree Robotics, SAIC Motor, Zebra, Aurora Innovation, Cognex, XPENG and Aptiv.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $95B | $10B | 15.0x | 13.8x | 140.8x | 97.4x | |||
| $25B | $6.3B | 4.7x | 4.5x | 18.8x | 15.6x | |||
| $185B | $15B | 1.0x | 1.0x | 12.1x | 8.5x | |||
| $253M | $55M | 118.8x | - | 548.5x | - | |||
| $98B | $7.1B | 0.1x | 0.1x | 1.5x | 2.3x | |||
| $5.4B | $853M | 3.6x | 3.2x | 22.6x | 13.8x | |||
| $3M | ($786M) | 3957.3x | 1040.1x | (15.1x) | (15.5x) | |||
| $994M | $214M | 10.0x | 9.0x | 46.4x | 31.7x | |||
This data is available for Pro users. Sign up to see all Autoflight competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Autoflight
| When was Autoflight founded? | Autoflight was founded in 2017. |
| Where is Autoflight headquartered? | Autoflight is headquartered in Shanghai, China. |
| Is Autoflight publicly listed? | No, Autoflight is a private, VC-backed company. |
| How much funding has Autoflight raised? | Autoflight has raised $200M across 2 funding rounds. |
| What was Autoflight's last funding round? | Autoflight's last funding round was a $100M Series A in November 2021, led by Team Global. |
| Who are Autoflight's investors? | Autoflight's investors include International Aviation Capital and Team Global. |
| Which companies are comparable to Autoflight? | Companies comparable to Autoflight include UBtech Robotics, Didi Woya, Momenta, Waabi, Cowarobot and Cidi. |
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